Singapore

Tritech's annual profit up 30.9% to $8.4 million

And the engineering service provider is up for more with an order book of approximately $84.3 million.

Tritech's annual profit up 30.9% to $8.4 million

And the engineering service provider is up for more with an order book of approximately $84.3 million.

Asia tops North America in private equity investments

A quarter of all private equity deals were done in Asia, says Preqin.

Universal Studios Singapore officially opens

With this grand opening, RWS expects 16 million visitors for 2011.

The Viridian at Jalan Ampas Launches on Wednesday, 7 more due in June

Global Orion Properties’ “The Viridian”, which is said to set the mark of luxury in Balestier,will hold a preview on Wednesday, June 1.

95% of new BTO flats set aside for first-timers

And they’re said to be going at prices around 14% to 35% cheaper than similar resale flats in their areas.

RWS completes structure of its 5th hotel

Expected to open in 2012, the seven-storey Equarius Hotel will offer 172 guestrooms.

URA closes Sembawang Road / Jalan Sendudok site tender

Highest bid was at $191.8 million by Hao Yuan Investment.

In Singapore, we dun need no education leh

Spending on education slumped 11.5 % over the last year, according the boffins at the Statistics department.

Investors pleasantly surprised by special dividends

Singapore’s major companies including SIA and Singtel have paid special and unexpected dividends to shareholders following good Q12011 earnings.

CitySpring’s earnings up by 33% YoY to $70.6m

Though profit remains strong, the Group still has a $270 million loan with DBS Bank, says a report.

Gadget sales up 12% in SouthEast Asia

And Indonesian mobile phone sales led the pack jumping 39 % in the first quarter of 2011.

Tat Hong’s profit down by 30.5% to S$31.7m

The decline was due to a S$11.5m jump in staff cost and S$6.4m loss in Australia floods.

Foresque Residences only have four units left at most sought after location facing Bukit Timah Hill

17 out of the 21 units at Block 105 Petir Road, which offers unblock panoramic view of the Bukit Timah Hill, were already snapped up, said property agents at Orange Tee which market the 496-unit development.

SGX to add metal product offerings

The bourse is said to be hoping to take advantage of the global regulatory move to push as many over-the-counter derivatives through central clearing as possible.

Singapore-Saudi Arabia DTA takes effect 1 July

The two countries’ agreement for the avoidance of double taxation clarifies taxing rights.

Olam launches $1.25bln syndicated term loan facility

Part of the proceeds will be used for the expansion of the company’s supply chain management business.

Expect continued office price and rental increases: DTZ

Forecast for the commercial and industrial markets was based on the projected economic growth of 4-6%. According to DTZ’s Money into Property report, the Singapore office market is ranked among the top five in the HOT category in Asia Pacific.